Bitcoin Proponents Respond to JP Morgan Executive’s Statements

Former JP Morgan Senior Executive Tells Jamie Dimon to STFU About Trading Bitcoin

Jamie, you’re a great boss and the greatest of all-time (GOAT) bank CEO. You’re not a trader or tech entrepreneur. Please, STFU about trading bitcoin.

John McAfee: Bitcoin is Certainly Not a Fraud

And the fact that bitcoin is consistently growing in its use and its value has to say something — Sure it will rise and fall as all new technologies are. But at the same time, it is certainly not a fraud. – John McAfee

Jeffrey Tucker: ‘Guys Like Dimon Believe They Own the System’
Bitcoin proponent and the Foundation for Economic Education (FEE) Director of Content, Jeffrey Tucker believes Dimon’s statements are irrelevant. “Let’s just say that Mr. Dimon has a slight conflict of interest here — He is right to fear for the obsolescence of his job,” explains Tucker’s opinion of Dimon’s recent statement. Tucker then goes on to say;Dimon definitely got some attention from his recent statements regarding the bitcoin economy from mainstream media and the cryptocurrency community. Most have merely laughed at Dimon’s opinion as they have done in the past when he tried to attach little importance to the bitcoin economy. Dimon also admitted that his daughter had bought bitcoins and had gained a large profit from it, and added “now she thinks she is a genius”. It is also well known the bank he works for is running a large operation exploring the “technology behind Bitcoin”; i.e. “blockchain”. The CEO of the Digital Currency Group, Barry Silbert, responded to Dimon’s statements as well, saying, “I hope nobody tells him that half of his executive team probably owns bitcoin.” What do you think about the responses to Jamie Dimon’s statements towards bitcoin? Let us know in the comments below.Guys like Dimon believe they own the system — They are the great intermediaries. The masters of the monetary universe. No one gets in the system or out of the system without their knowledge and permission. So it has been for thousands of years — Bitcoin changes all that.
Images via Pixabay, Twitter, Ohio live, and FEE.
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